BMW Ventures IPO

About BMW Ventures IPO

The BMW Ventures Ltd IPO consists entirely of a fresh issue with no offer for sale. Fresh issue aggregates up to 2,34,00,000 equity shares. The price band is ₹94 to ₹99 per share and the lot size is 151 shares. The IPO opens on September 24, 2025 and closes on September 26, 2025.

The listing date is on or about October 1, 2025 and the allotment date is on or about September 29, 2025. The credit of shares to the Demat account will take place on September 30, 2025, while the initiation of refund will take place on September 29, 2025.

BMW Ventures Ltd is engaged in trading/Distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and roll forming, and the fabrication of pre-engineered buildings (PEB) and steel girders. Over the years, it has established a strong dealer’s distributorship network in both long and flat steel products, tractor engine, roll forming and PVC.

Objectives of MW Ventures IPO

The company proposes to utilise the IPO proceeds for:

• Repayment/pre-payment, in full or in part, of certain outstanding borrowings
  
• General corporate purposes
  

Industry Outlook

The National Steel Policy (NSP), approved in May 2017 by the Union Cabinet, seeks to boost domestic steel consumption, ensure high-quality steel production and create a technologically advanced and globally competitive steel industry.

The domestic steel demand has logged a significant 7% CAGR between fiscals 2018 and 2024. In fiscal 2021, the industry saw a 5.3% on-year decline in demand due to the pandemic. Demand rebounded in fiscal 2022, growing 11.4% on-year, with a revival of industrial activities, release of pent-up demand and growth inducement in key end use sectors.

Steel demand grew 13.4% to 136.3 MT in fiscal 2024 from 100.2 million tonne (MT) in fiscal 2020, owing to the aggregate effect of growth in the end-use sectors of steel — such as automobile, infrastructure and construction — and the market volatility faced during the pandemic. The increase in demand is expected to accelerate at a CAGR of ~8-10% by fiscal 2030, rising to 216-240 MT.

BMW Ventures IPO Company Information

BMW Ventures Ltd is engaged in trading/Distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and roll forming, and the fabrication of pre-engineered buildings (PEB) and steel girders. Over the years, it has established a strong dealer’s distributorship network in both long and flat steel products, tractor engine, roll forming and PVC. Further, PEB and steel girder are institutional sales.

The company specialises in the distribution of long and flat steel products across Bihar. It has developed a business model focused on delivering high-quality products and ensuring timely deliveries to its network of dealers.

Strengths of BMW Ventures IPO

• Experience of the promoters and established relationship with the principal supplier
  
• Relationship with established players in industry
  
• Selling and distribution network
  
• Track record of consistent financial performance
  

Risks of BMW Ventures IPO

• Any disruption of supply from suppliers may affect business operations
  
• Any adverse developments, affecting operations in Bihar could have an adverse impact on revenue and results of operations
  
• Loss of sales due to reduction in demand of long and flat steel products would have a material adverse effect on business
  
• Under-utilisation of fabrication and manufacturing capacities may have an adverse effect on business, future prospects and future financial performance
  
• The company may experience negative cash flows in the future
  

IPO Registrar and Book Running Lead Manager

Cameo Corporate Services Limited is the registrar of the BMW Ventures Ltd IPO. Sarthi Capital Advisors Private Limited is the book running lead manager.

Business Model

BMW Ventures Ltd deals in various steel products like TMT bars, GI sheets, HR sheets, wire rods, galvanised colour-coated sheets, doors, GP sheets, pipes, hollow sections, screws, and more.

The company is also engaged in distribution of tractor engines and spare parts to dealers. Apart from distribution, the company is also engaged in fabrication of pre-engineered buildings (PEB), manufacturing of PVC pipes and RDSO approved manufacturer of steel girders used in construction of bridges for Indian Railways in Bihar.

Company Growth Trajectory

The revenue from operations grew from ₹2015.0972 crores in FY 23 to ₹2062.0352 crores in FY 25, while EBITDA margin grew from 3.37% in FY 23 to 4.24% in FY 25. Relationships with established players coupled with selling and distribution network has helped the company grow over the years.

Market Position

The company has developed a business model focused on delivering high-quality products and ensuring timely deliveries to its network of dealers. As the exclusive distributor for its primary supplier, it supplies steel products through 1,299 dealers as on March 31, 2025 dealers spanning 29 of the 38 districts in Bihar.

How to Check Allotment Status of BMW Ventures Ltd IPO?

1. Visit the Registrar’s Website

• Visit the website of Cameo Corporate Services Limited
  
• Choose any of the three links given
  
• Choose the company from the drop-down menu
  
• Input either your PAN number, application number, or DP client ID
  
• Enter the captcha and click on submit to know the status
  

2. Check on BSE Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the 'Investors' tab. Under 'Investors', click on 'IPO'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Select 'Equity' from the dropdown menu
  
• Choose 'Atlanta Electricals Ltd' in the next dropdown
  
• Enter your application number
  
• Enter your PAN
  
• Click 'Search’ to know allotment status
  

3. Check on the NSE Website
   

The National Stock Exchange (NSE) has an IPO Bid Verification module. You can use it to check the status of BMW Ventures Ltd. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.

On the NSE IPO Bid Verification page, enter:

• Application number
  
• PAN
  

Then click 'Submit' to know the allotment status.

How to Apply for BMW Ventures IPO?

To apply for this IPO:

• Step 1: Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section
  
• Step 2: Specify IPO details: Enter the number of lots and the price you wish to apply for
  
• Step 3: Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange
  
• Step 4: Mandate Notification: Your UPI app will receive a mandate notification to block funds
  
• Step 5: Approve Request: Your funds will be blocked once you approve the mandate request on your UPI